First-time buyers need more help, review finds

First-time buyers need more help, review finds
 

First-time buyers need more support to halt the decline in home ownership, a study by one of the UK's biggest housebuilders has concluded.
Long-term building targets were also required to avoid "kneejerk" policy moves, the Redfern Review said.
It found home ownership rates in England fell from 71% to 64% over 12 years, with the steepest drop among young people.
Labour, which commissioned the report, said it showed a "lost generation".
Among 25-34 year olds, the rate of home ownership fell from 59% in 2003 to 37% in 2015, according to the review led by Pete Redfern, chief... read more

 
16 November 2016 in Business, Views: 80
Source: BBC
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